Central Pacific Financial ( CPF ) declares $0.29/share quarterly dividend , in line with previous. Forward yield 3.42% Payable June 15; for shareholders of record May 29; ex-div May 29. See CPF Dividend Scorecard, Yield Chart, & Dividend Growth. More on Central Pacific Financial Central Pacific Financial misses Q1 topline Seeking Alpha’s Quant Rating on Central Pacific Financial Historical earning...
Central Pacific Financial ( CPF ) declares $0.29/share quarterly dividend , in line with previous. Forward yield 3.42% Payable June 15; for shareholders of record May 29; ex-div May 29. See CPF Dividend Scorecard, Yield Chart, & Dividend Growth. More on Central Pacific Financial Central Pacific Financial misses Q1 topline Seeking Alpha’s Quant Rating on Central Pacific Financial Historical earnings data for Central Pacific Financial Dividend scorecard for Central Pacific Financial Financial information for Central Pacific Financial
Even before the Trump administration went to war against DEI and attempts to address historical discrimination, diversity efforts in the US were controversial. A pivotal moment came in 2023, when the Supreme Court ruled that race-based affirmative action programs violated the Constitution. The decision partly rested on universities' inability to clearly measure the benefits of diverse student bodi...
Even before the Trump administration went to war against DEI and attempts to address historical discrimination, diversity efforts in the US were controversial. A pivotal moment came in 2023, when the Supreme Court ruled that race-based affirmative action programs violated the Constitution. The decision partly rested on universities' inability to clearly measure the benefits of diverse student bodies and the lack of defined standards to determine when equity had been achieved and such programs should end. A new paper highlights the uncertainty. "Learning theory argues that racial diversity promotes student learning, which should increase salaries," its authors write. "However, well-documented racial wage discrimination indicates that higher racial diversity should decrease salaries." But the authors—Debanjan Mitra, Peter Golder, and Mariya Topchy—have developed a metric suggesting that graduates benefit financially if they graduate with a diverse peer group. The researchers argue that this evidence should be sufficient to prompt courts to reconsider earlier rulings. Read full article Comments
Salameh dibaei/iStock via Getty Images Waste Management ( WM ) down 0.7% in Wednesday's trading after reporting better-than-expected Q1 adjusted earnings and reaffirming guidance for FY 2026 revenue of $26.425B-$26.625B, in line with the $26.5B FactSet analyst consensus. Q1 profit rose to $723M, or $1.79/share, from $637M, or $1.58/share, in the year-earlier quarter, while adjusted EBITDA improved...
Salameh dibaei/iStock via Getty Images Waste Management ( WM ) down 0.7% in Wednesday's trading after reporting better-than-expected Q1 adjusted earnings and reaffirming guidance for FY 2026 revenue of $26.425B-$26.625B, in line with the $26.5B FactSet analyst consensus. Q1 profit rose to $723M, or $1.79/share, from $637M, or $1.58/share, in the year-earlier quarter, while adjusted EBITDA improved 8% Y/Y to $1.85B and revenue rose 3.5% to $6.23B, helped by higher prices as well as increased volumes in the company's recycling and renewable energy businesses. Waste Management ( WM ) reported improved operating profitability across its operations, saying operating EBITDA in its Collection and Disposal business unit increased by $154M while its margin expanded 190 bps, driven by favorable price-to-cost spread as it invests in making improvements in frontline retention and leverages technology and automation to reduce costs. But Q1 collection and disposal volumes fell 1.5%, largely because of winter weather and shedding of residential business with lower margins, as well as the absence of wildfire cleanup that lifted results in the same period a year earlier, the company said. "The momentum in our business, combined with our confidence in our ability to execute on our plan for the balance of the year, sets us up to achieve the full-year financial outlook we provided last quarter," CEO Jim Fish said. "Though characterized as in line with its expectations, Waste Management’s 1% revenue and EBITDA miss raise questions about its ability to achieve affirmed full-year targets," Bloomberg Intelligence analyst Scott Levine wrote. More on Waste Management Waste Management: A Fully Valued Defensive Compounder Waste Management: A Dividend Darling, But The Premium Stinks Waste Management: A Top Defensive Stock For A Bumpy 2026
Key Bridge Nightmare: Contractor Dropped After Costs Spiral Left-wing Gov. Wes Moore's claim that the Francis Scott Key Bridge rebuild is the "fastest-moving large infrastructure project in the United States" just hit a major roadblock . Fox Baltimore's Gary Collins reports that Maryland officials canceled Kiewit Infrastructure Co.'s contract for Phase 2 of the bridge rebuild, the construction pha...
Key Bridge Nightmare: Contractor Dropped After Costs Spiral Left-wing Gov. Wes Moore's claim that the Francis Scott Key Bridge rebuild is the "fastest-moving large infrastructure project in the United States" just hit a major roadblock . Fox Baltimore's Gary Collins reports that Maryland officials canceled Kiewit Infrastructure Co.'s contract for Phase 2 of the bridge rebuild, the construction phase, after the contractor's proposal reportedly far exceeded state estimates . BREAKING NEWS: The contract for Phase 2 for the Francis Scott Key Bridge rebuild has been officially cancelled. The contract is expected to go up for rebid beginning in May. https://t.co/WdquWgcvg8 — Gary M. Collins (@realgarycollins) April 28, 2026 This massive setback raises new questions about whether Moore's administration can actually control costs, properly manage the rebuild, and deliver the "fastest-moving large infrastructure project in the U.S.," given ballooning expenses. Collins quoted U.S. Transportation Secretary Sean Duffy, who explained the decision to remove Kiewit after its Phase 2 proposal " far exceeded " state estimates. Those estimates have surged from roughly $1.8 billion to more than $5.2 billion. Phase 2 of the rebuild would have included final design work, steel-pile installation in the Patapsco River, roadway approaches, and bridge-span construction. Now, Moore's administration must scramble to find a new contractor. Let’s get it! The Key Bridge no longer under contract 🤯 @WCBM680 https://t.co/9fWKpMVCAC pic.twitter.com/5T1cn7M5gr — Kimberly Klacik (@kimKBaltimore) April 29, 2026 Duffy stated in a federal announcement that the project has been plagued from the beginning by ballooning costs and delays. "The Trump Administration is always working to secure the best possible team for hardworking American taxpayers," Duffy continued. "It's my job to ensure the American people's tax dollars are used efficiently and that major projects are completed on time and on budget." He ...
Tradeweb Markets ( TW ) declares $0.14/share quarterly dividend , in line with previous. Forward yield 0.48% Payable June 15; for shareholders of record June 1; ex-div June 1. See TW Dividend Scorecard, Yield Chart, & Dividend Growth.
Tradeweb Markets ( TW ) declares $0.14/share quarterly dividend , in line with previous. Forward yield 0.48% Payable June 15; for shareholders of record June 1; ex-div June 1. See TW Dividend Scorecard, Yield Chart, & Dividend Growth.
On April 29, 2026, Mondrian Investment Partners LTD disclosed in a Securities and Exchange Commission filing that it sold shares of Yum China (NYSE:YUMC) . According to a filing with the Securities and Exchange Commission dated April 29, 2026, Mondrian Investment Partners LTD reduced its stake in Yum China (NYSE:YUMC) by 5,496,699 shares. The estimated value of the transaction is $284.58 million, ...
On April 29, 2026, Mondrian Investment Partners LTD disclosed in a Securities and Exchange Commission filing that it sold shares of Yum China (NYSE:YUMC) . According to a filing with the Securities and Exchange Commission dated April 29, 2026, Mondrian Investment Partners LTD reduced its stake in Yum China (NYSE:YUMC) by 5,496,699 shares. The estimated value of the transaction is $284.58 million, based on the mean unadjusted closing price for the first quarter. At quarter end, the fund held 2,357,499 shares valued at $908.58 million, down from its previous holding. The company leverages a multi-brand portfolio and scalable platform to capture consumer demand across diverse food categories in China. Continue reading
Bitcoin has been pressing toward $80,000 and struggling to get through. One reason: a hidden force in the options market is working against it. A cluster of call options — contracts that pay out if Bitcoin rises above a set price — has accumulated at the $80,000 level on Deribit, the largest crypto options exchange. The buildup has put dealers who bought those contracts in a position where they mu...
Bitcoin has been pressing toward $80,000 and struggling to get through. One reason: a hidden force in the options market is working against it. A cluster of call options — contracts that pay out if Bitcoin rises above a set price — has accumulated at the $80,000 level on Deribit, the largest crypto options exchange. The buildup has put dealers who bought those contracts in a position where they must sell Bitcoin automatically as prices climb, a hedging mechanic known as long gamma that effectively transforms the options market into a ceiling on the rally. “Many speculators are selling the calls at $80,000 because they would probably think that is a safe place to sell and collect those call premiums,” said Andy Baehr, managing director of asset management at GSR. The dealers on the other side of the trade are buying the options while hedging their positions by selling Bitcoin, creating the “electric fence” scenario, Baehr said. The dynamic helps explain why Bitcoin, despite gaining more than 12% since the end of March, has struggled to clear $80,000 — and why, absent a sharp and unexpected surge in spot demand, traders say it might be hard to do so before the contracts expire. The prospect of a technical ceiling arrives at an awkward moment for Bitcoin sentiment. Retail enthusiasm — the animal spirits that powered the coin’s surge past $120,000 late last year — has yet to return. On-chain data and platform metrics suggest the cohort that drove that euphoric run is largely on the sidelines right now, nursing losses or waiting for clearer signals. What’s filling the void is institutional demand: Wall Street firms building out crypto plumbing, tokenized fund infrastructure quietly expanding, and Strategy Inc. buying Bitcoin with almost mechanical regularity. The market has support, in other words, but not excitement — and without excitement, $80,000 may be a ceiling rather than a catalyst. A persistently bearish Bitcoin futures market and decelerating de...
onurdongel/iStock via Getty Images Tourmaline Oil Corp. ( TRMLF ) reported Q4 2025 and full-year results on March 4, and the results delivered on every box I asked it to check in my previous article . For one, production hit a record. Reserves grew to a record high. And, operating costs fell yet again. Meanwhile, the Peace River sale closed and has cleaned up the balance sheet even more. That's ju...
onurdongel/iStock via Getty Images Tourmaline Oil Corp. ( TRMLF ) reported Q4 2025 and full-year results on March 4, and the results delivered on every box I asked it to check in my previous article . For one, production hit a record. Reserves grew to a record high. And, operating costs fell yet again. Meanwhile, the Peace River sale closed and has cleaned up the balance sheet even more. That's just the beginning of the story, though. I think the bigger story now is what has happened down the road in Calgary, as Shell ( SHEL ) will buy Tourmaline's rival, ARC Resources ( AETUF ), for $16.4 billion. That's the largest single transaction in the Canadian gas patch in years. ARC is a quality asset, but it's smaller than Tourmaline by about $7 billion in market cap and produces a fraction of the gas. If Shell is paying full price to fix its reserves problem with ARC, the implied bid for the largest, lowest-cost, longest-life Canadian gas producer ought to be much higher. Q4 2025 Was A Good Quarter, To Start So, what happened last quarter? The results were solid in my view. Tourmaline's production of 659,204 barrels of oil per day (equivalent) was strong while January finished over 685,000, tracking ahead of the Q4 guidance range I had previously flagged in my February coverage; this puts Tourmaline on track to meet its 700,000 boepd target. The reserve number is what stood out most to me. Tourmaline added 829 million boe of 2P reserves in 2025 , including a corporate record 457 million boe of organic adds, both after backing out 2025 production. Now its 2P base is above 6 billion boe, and reserve life stands at 26 years. For context, that's an additional five years longer than the figure in February. Operating costs were $4.66 per barrel of oil (equivalent) in Q4, down over 9% from the first half of 2025. Management continues to aim for a target of an additional $1.50/boe reduction by 2031; this would lead to approximately $500 million in annual savings if achieved. Tour...
Earnings Call Insights: Urban Edge Properties (UE) Q1 2026 Management View "We had a great first quarter, delivering results that exceeded our internal expectations." (Chairman & CEO Jeffrey Olson) "We generated FFO as adjusted of $0.36 per share, a 3% increase over the first quarter of last year." (Chairman & CEO Olson) "Same-property net operating income, including redevelopment, increased by 2....
Earnings Call Insights: Urban Edge Properties (UE) Q1 2026 Management View "We had a great first quarter, delivering results that exceeded our internal expectations." (Chairman & CEO Jeffrey Olson) "We generated FFO as adjusted of $0.36 per share, a 3% increase over the first quarter of last year." (Chairman & CEO Olson) "Same-property net operating income, including redevelopment, increased by 2.8%, primarily due to rent commencements from our signed but not open pipeline." (Chairman & CEO Olson) "During the quarter, we executed leases totaling 419,000 square feet, including 84,000 square feet of new leases at a strong 52% cash spread." (Chairman & CEO Olson) "Our leasing pipeline remains robust and should result in record leasing activity over the coming quarters with leasing spreads expected to exceed 20%." (Chairman & CEO Olson) "Our signed but not open pipeline remains a meaningful contributor to future growth, representing $22 million of annual gross rent or approximately 7% of current net operating income." (Chairman & CEO Olson) "This provides us with strong visibility into earnings through 2027." (Chairman & CEO Olson) "In March, we completed the acquisition of the Village at Bridgewater Commons, a 92,000 square foot shopping center located in Bridgewater, New Jersey for $54 million at a 7.7% cap rate." (Chairman & CEO Olson) "We structured the acquisition of Bridgewater in an accretive 1031 transaction with the expected sale of a Kohl's-anchored property in New Jersey." (Chairman & CEO Olson) "Our total active redevelopment pipeline is now $157 million with an expected yield of 13%." (Executive VP & COO Jeffrey Mooallem) "These projects are largely pre-leased, providing both visibility and attractive risk-adjusted returns." (Executive VP & COO Mooallem) "We ended the quarter with total liquidity of nearly $1 billion, with $30 million drawn on our credit facility and no amounts drawn on either of the 5-year or 7-year delayed draw term loans." (Executive VP ...
jetcityimage/iStock Editorial via Getty Images Shares of GE HealthCare ( GEHC ) fell ~13% on Wednesday to hit the lowest level since April 2025 after the MedTech reported mixed Q1 2026 results and lowered its full-year earnings outlook, citing worse-than-expected inflationary pressures. While the company continues to project 3.0% YoY - 4.0% YoY organic revenue growth for 2026, it cut its full-year...
jetcityimage/iStock Editorial via Getty Images Shares of GE HealthCare ( GEHC ) fell ~13% on Wednesday to hit the lowest level since April 2025 after the MedTech reported mixed Q1 2026 results and lowered its full-year earnings outlook, citing worse-than-expected inflationary pressures. While the company continues to project 3.0% YoY - 4.0% YoY organic revenue growth for 2026, it cut its full-year outlook for adjusted EBIT margin, free cash flow, and adjusted EPS, noting that its “assumptions for inflation became more pronounced during the quarter.” “We saw significant increases in memory chips, oil, and freight costs during the first quarter that we assume will impact the rest of 2026,” CEO Peter Arduini remarked. The healthcare spinoff of General Electric ( GE ) lowered its outlook for adjusted EPS to $4.80 - $5.00 compared to $5.06 in the consensus and $4.95 - $5.15 previously. “Given these dynamics, we are taking a prudent approach and reducing our profit outlook, but expect to offset more than half of the inflation impact with price and cost actions,” CEO Arduini added. As for Q1 results, the company recorded $5.1B in revenue with ~7% YoY growth, beating the consensus by $100M mainly due to its Pharmaceutical Diagnostics (PDx), Advanced Visualization Solutions, and Imaging units. However, its net income margin slipped 420 bps to 7.6% amid tariff-related headwinds and a PDx supplier issue that no longer exists, while its adjusted earnings per share fell ~2% YoY to $0.99, missing the Street estimates by $0.06. More on GE HealthCare Technologies GE HealthCare Technologies Inc. 2026 Q1 - Results - Earnings Call Presentation GE HealthCare: A Better Proposition Here GE HealthCare Technologies Inc. (GEHC) Presents at Barclays 28th Annual Global Healthcare Conference Transcript GE HealthCare Technologies Non-GAAP EPS of $0.99 misses by $0.06, revenue of $5.13B beats by $100M GE HealthCare Technologies Q1 2026 Earnings Preview
Earnings Call Insights: Two Harbors Investment Corp. (TWO) Q1 2026 Management View “In March, we received an unsolicited all-cash proposal from CrossCountry Mortgage… our Board unanimously determined that the CrossCountry proposal was superior and in the best interest of shareholders,” and “CrossCountry agreed to acquire Two Harbors for $10.80 per share in cash,” with the prior UWM agreement termi...
Earnings Call Insights: Two Harbors Investment Corp. (TWO) Q1 2026 Management View “In March, we received an unsolicited all-cash proposal from CrossCountry Mortgage… our Board unanimously determined that the CrossCountry proposal was superior and in the best interest of shareholders,” and “CrossCountry agreed to acquire Two Harbors for $10.80 per share in cash,” with the prior UWM agreement terminated (President, CEO & Director William Greenberg). “Yesterday, we announced that we signed an amendment… [to] increase the per share cash consideration… to $11.30 per share,” and the amendment followed “a thorough evaluation of an unsolicited competing proposal received on April 20, 2026, from UWMC” (President, CEO & Director Greenberg). “The transaction is expected to close in the second half of 2026 and is not subject to any financing condition,” and “Prior to closing, we intend to continue paying regular quarterly dividends, but not stub dividends, consistent with past practice” (President, CEO & Director Greenberg). “For the first quarter, we had a total economic return of negative 2.0%,” after early-quarter support to RMBS gave way to weaker risk asset performance “mostly as a result of the outbreak of the Middle East conflict” (President, CEO & Director Greenberg). “Our book value decreased to $10.57 per share at March 31 compared to $11.13 per share at December 31,” and “Including the $0.34 common stock dividend, this resulted in a negative 2% quarterly economic return” (VP & CFO William Dellal). Outlook “The widening of spreads by quarter end made performance outcomes more balanced and improved the return potential of our portfolio,” while “for the near term, geopolitical tensions will remain the primary driver of market sentiment and economic outlook” (VP & Chief Investment Officer Nicholas Letica). “We estimate that about 65% of our capital is allocated to servicing with a static return projection of 11% to 14%… [and] securities with a static return estimate of ...
You already get extra legroom and all sorts of goodies if you travel first class. Soon you won’t even have to queue for the toilet Name: The aeroplane en suite Age: Coming soon. Continue reading...
You already get extra legroom and all sorts of goodies if you travel first class. Soon you won’t even have to queue for the toilet Name: The aeroplane en suite Age: Coming soon. Continue reading...
Scharfsinn86/iStock via Getty Images Ennis ( EBF ) is a U.S. manufacturer and wholesaler of printed business products, selling through a national distributor network instead of directly to consumers. EBF’s core model is a private-label, acquisition-led print platform that focuses on business forms and commercial documents and has over 50 facilities. The company makes and sells products like busine...
Scharfsinn86/iStock via Getty Images Ennis ( EBF ) is a U.S. manufacturer and wholesaler of printed business products, selling through a national distributor network instead of directly to consumers. EBF’s core model is a private-label, acquisition-led print platform that focuses on business forms and commercial documents and has over 50 facilities. The company makes and sells products like business forms, checks, commercial printing, envelopes, tags, labels, plastic cards, and multimedia packaging. Ennis supplies distributors, printers, software vendors, and direct-mail firms that need customized print products on a recurring basis. Briefly On Performance We can see that over the last three years, the company’s top-line performance was quite bad. It was in a clear downtrend due to its core print market softness. The demand for traditional business documents declined, while pricing became a lot more competitive. This sort of performance matches a company that is in a mature, shrinking category, and I’m afraid the long-term trajectory points to consistent erosion of demand. Seeking Alpha We can see that the company’s revenues found a bottom sometime in mid-'25, showing some sort of stabilization, as the company had already absorbed much of the integration disruptions and was able to lean on its national distributor base. A normalization after a period of demand erosion. Not a strong growth demand. In the latest quarter, Q4 '25 , we can see that the company’s revenues grew 4% y/y, beating analysts by $1.26 million . So, at least there was some growth in the last quarter, which helped its performance. Going over to the company’s efficiency and profitability, we can see that the company’s operations were quite resilient despite the supposed cost price competition. I was expecting to see massive profitability deterioration, but that was not the case. Over the last three years, the management kept the company’s profitability quite consistent despite the decline in revenue...
Penske Auto Group (NYSE: PAG) stock is off to the races Wednesday morning, surging 11% through 11:11 a.m. ET after crushing on Q1 2026 earnings. Heading into the report, analysts expected Penske to earn $2.88 per share on sales of $7.7 billion. Penske raced past those numbers, though, earning of $3.56 per share on sales of $7.9 billion. Image source: Getty Images. Continue reading
Penske Auto Group (NYSE: PAG) stock is off to the races Wednesday morning, surging 11% through 11:11 a.m. ET after crushing on Q1 2026 earnings. Heading into the report, analysts expected Penske to earn $2.88 per share on sales of $7.7 billion. Penske raced past those numbers, though, earning of $3.56 per share on sales of $7.9 billion. Image source: Getty Images. Continue reading